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Western Union is a wire money transfer in which one can go into a designated location and send money to a distant location as needed. The recipient can either pick up cash at a Western Union location in their area, or have money deposited into a checking account of their choice. It is basically just an electronic transfer of funds.

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12y ago

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How does a Roth IRA conversion work?

Conversion works by authorizing the account to release money to the bank that will accept the money. This ensures that the money will transfer without incident or penalty.


How does a wire transfer work?

A wire transfer is a method of sending money electronically from one bank account to another. The sender initiates the transfer through their bank, providing the recipient's account information. The sender's bank then communicates with the recipient's bank to transfer the funds. The recipient typically receives the money within a few hours to a few days, depending on the banks involved and the destination of the transfer.


Can you explain how credit union dividends work?

Credit union dividends are similar to interest payments from a bank. When you deposit money in a credit union, you become a member and part owner. The credit union uses your deposits to make loans and investments. The profits earned from these activities are then shared with members in the form of dividends, which are a portion of the credit union's earnings. The more money you have deposited in the credit union, the more dividends you may receive.


Can you explain how money wires work?

Money wires are electronic transfers of funds from one person or entity to another. The sender initiates the transfer through a bank or money transfer service, providing the recipient's information and the amount to be sent. The funds are then electronically transferred to the recipient's account, usually within the same day. Fees may apply for the service, and both parties must have accounts with the same financial institution or a compatible service for the transfer to be successful.


How does one earn points for the Chase Rewards Program?

You can buy points with real money and transfer it over, or you would be able to work for the points. There are many options to get rewards.

Related Questions

How can you transfer your money if your work is in Georgetown grand cayman island and you want to send it in Philippines?

You would transfer it via Western Union.


Can you send money to yourself through western union?

I work for a Western Union retailer and it is possible to send money to yourself through Western Union.


Best way to send money to Germany?

A bank transfer might work. For smaller amounts (say, a few hundred dollars), some clients have sent me money through Western Union; this worked very well, and I believe that for such amounts, it is cheaper than a bank transfer. I didn't send money TO Germany, though, but you might ask.


And they are saying that money has to be sent to them through Western union It that the procedure in UK for work permit?

No, that is not the procedure for obtaining a UK work permit.


Is Ifc inc based in Ukraine a legit company to work for?

Be Careful! I am having the company investigated by contacts within the US Embassy in Odessa, Ukraine. They want to transfer client money to a PayPal debit account, have you withdrawl or transfer the money to a personal banking account, then transfer the money via Western Union to an account of their choice. Why all this movement of money? I believe it is to steal identity info. and/or banking information. They also will ask for your state ID (drivers license) under the guise of needing it for employment verification. Do not provide it. More later after a US Embassy contact is made with them - or not.


What are the risks of giving my visa number for a deposit from someone in Iraq and I will take the deposit and send it western union to a friend in Ghana?

Extremely high risk! Don't do it!There are two ways to work this scam.One, the simplest, is for the person in Iraq to just take your credit card number and charge a bunch of stuff to it. This is probably the best case scenario.The other is to actually put money into your account... via a check... and have you then transfer money from your account by Western Union to the accomplice in Ghana. The check then bounces, and Visa comes after you, saying "hey, you need to make this good." The advantage for the scammers here is that they can get more money than you actually have in your account.


How do people get money in Poland?

Well, I suppose they would have to work or maybe you can send it to them... I send money back to Poland using a money transfer service called - Now Transfer. You can see this at www.nowtransfer.com


Is there open western union in manila during Christmas day?

It all depends on the specific department. Larger should work


How does a Roth IRA conversion work?

Conversion works by authorizing the account to release money to the bank that will accept the money. This ensures that the money will transfer without incident or penalty.


What does work transfer?

Work is the transfer of force


How does a wire transfer work?

A wire transfer is a method of sending money electronically from one bank account to another. The sender initiates the transfer through their bank, providing the recipient's account information. The sender's bank then communicates with the recipient's bank to transfer the funds. The recipient typically receives the money within a few hours to a few days, depending on the banks involved and the destination of the transfer.


How do you transfer money from CIBC to Coast Capital electronically?

You can create a paypal account and transfer money from your cibc account to paypal then to your coast capital account. It will take some time to verify your bank accounts though and to transfer money from your cibc account to paypal then again to coast capital may take some time as well. It will work electronically though.